Brief: Viel & Cie Posts FY Operating Profit Up At 126.9 Million Euros

Viel et Compagnie SA

27/03/2024 16:58

March 27 (Reuters) - Viel et Compagnie SA  VEIL.PA :
    * OPERATING PROFIT ROSE BY 30.0% TO 126.9 MILLION EUROS
    * CONSOLIDATED SALES UP 8.9%* TO €1,077.6 MILLION
    * NET PROFIT OF 133.6 MILLION EUROS (+25.5%*)
    * NET PROFIT - GROUP SHARE OF 98.1 MILLION EUROS (+33.4%*)
    * DIVIDEND OF 40 CENTS PER SHARE
    * OUTLOOK: THE ACTIVITY OF BUSINESS AT THE START OF THE YEAR
IS UP
ON THE  THE SAME PERIOD LAST YEAR AT CONSTANT EXCHANGE RATES.
    * OUTLOOK: INTEREST RATES ARE FAVOURABLE TO BOURSE DIRECT'S
BUSINESS  BOURSE DIRECT'S BUSINESS AND WILL HAVE A POSITIVE
IMPACT ON EARNINGS IN 2024.
    * OUTLOOK: SWISSLIFE BANQUE PRIVÉE WILL CONTINUE TO PURSUE
ITS
GROWTH STRATEGY IN 2024 AFTER A VERY STRONG PERFORMANCE 
PERFORMANCE IN 2023

Source text for Eikon:  ID:nGNE2N96Vs 
Further company coverage:  VEIL.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))